7% of Homeowners and 40% of Subprime Homeowners 30 Days Behind on Mortgage

The optimism I am hearing the on the street about home sales picking up in the past few weeks has been tempered by the scary numbers that Equifax is reporting. It looks like the quantity and velocity of foreclosures is not abating anytime soon if these numbers continue. Dann Adams, president of U.S. Information Systems [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published. 7% of Homeowners and 40% of Subprime Homeowners 30 Days Behind on Mortgage Related posts:The Later The Subprime And Alt-A Loan, The Greater The Default Rate If you are looking for an indicator on who is...Adjustable-rate mortgage confusing homeowners The use of adjustable rate mortgages (ARMs) has increased